Drexel Corporation Has Been Enjoying a Phenomenal Rate of Growth

Multiple Choice

Drexel Corporation has been enjoying a phenomenal rate of growth since its inception one year ago.Currently,its assets total $100,000.If growth continues at the current rate of 12% compounded quarterly,what will total assets be in 2 1/2 years? (Round to the nearest whole dollar)

A) $142,571
B) $126,678
C) $148,016
D) $136,855
E) $134,392